Business
Hanstone Announces Amending Agreement
(TheNewswire) Vancouver, BC – TheNewswire - July 21, 2023 – Hanst...
About this update from Hanstone Gold Corp.
[{"type":"text","content":"Hanstone Announces Amending Agreement \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, BC –\n \n \n TheNewswire -\n \n \n July 21, 2023 –\n \n \n Hanstone Gold Corp. (TSXV:HANS) (OTC:HANCF) (FRA:HGO) (the\n“\n \n \n Company\n \n \n ” or “\n \n \n Hanstone\n \n \n ”), announces that it has amended\nthe payment terms of its 100% earn-in option agreement on the\n1,704-hectare Doc Gold Project dated July 3, 2019 (the\n“Agreement”) as follows:\n \n \n \n \n \n \n Payment date\n \n \n \n \n Previous agreement\n \n \n \n \n Revised agreement\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Previous payments made\n \n \n \n \n $250,000\n \n \n \n \n $250,000\n \n \n \n \n \n \n July 3, 2023\n \n \n \n \n $500,000\n \n \n \n \n -\n \n \n \n \n \n \n August 3, 2023\n \n \n \n \n -\n \n \n \n \n $100,000\n \n \n \n \n \n \n October 15, 2023\n \n \n \n \n -\n \n \n \n \n $100,000\n \n \n \n \n \n \n December 15, 2023\n \n \n \n \n -\n \n \n \n \n $100,000\n \n \n \n \n \n \n July 3, 2024\n \n \n \n \n $500,000\n \n \n \n \n $700,000\n \n \n \n \n \n \n July 3, 2025\n \n \n \n \n $575,000\n \n \n \n \n $575,000\n \n \n \n \n \n \n Total payments\n \n \n \n \n $1,825,000\n \n \n \n \n $1,825,000\n \n \n \n \n \n \n No other amendments were made to the Agreement.\n \n \n \n \n About the Doc Gold Project\n \n \n \n \n The Doc Gold Project covers 8 mineral claims covering\n1,704 hectares in northwestern British Columbia. The Project is\nlocated approximately 70 kilometres north of Stewart, BC, and is\naccessible by a 45 minute helicopter flight from the helipad located\nin Stewart, BC. Trails provide excellent access to all major locations\non the Property.\n \n \n \n \n About Hanstone Gold Corp\n \n \n \n \n Hanstone is a precious and base metals explorer with\nits current focus on the Doc and Snip North Projects optimally located\nin the heart of the prolific mineralized area of British Columbia\nknown as the Golden Triangle. The Golden Triangle is an area which\nhosts numerous producing and past-producing mines and several large\ndeposits that are approaching potential development. The Company holds\na 100% earn-in option on the 1,704-hectare Doc Project and owns a 100%\ninterest in the 3,336-hectare Snip North Pr...